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Project Business CaseProject Business Case TemplatePROJECT BUSINESS CASE SUMMARY Project NameProject×Objectives of the project* SMARTSMARTOutcomes/benefits sought by the project**Project success

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How to fill out project business case

01

Step 1: Start by defining the purpose of the project business case. Identify why the project is necessary and what goals it aims to achieve.

02

Step 2: Gather all relevant information and data about the project. This may include market research, financial projections, and resource requirements.

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Step 3: Identify the key stakeholders and decision-makers who will be involved in the project. Understand their needs and expectations.

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Step 4: Clearly outline the project scope, including the deliverables, timeline, and budget. Define the risks and constraints associated with the project.

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Step 5: Analyze the potential benefits of the project, such as cost savings, increased revenue, or improved efficiency. Quantify these benefits if possible.

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Step 6: Evaluate the potential risks and challenges that may arise during the project. Assess the impact of these risks and propose mitigation strategies.

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Step 7: Develop a compelling business case by presenting the project's potential benefits, risks, and alignment with strategic objectives. Justify the need for investment.

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Step 8: Clearly communicate the project business case to the relevant stakeholders and decision-makers. Seek their input and address any concerns they may have.

09

Step 9: Review and revise the business case as needed based on feedback and further analysis.

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Step 10: Obtain approval for the project business case from the appropriate authorities before proceeding with the project.

Who needs project business case?

01

Project managers and team leaders who are planning to initiate a new project.

02

Executives and decision-makers who need to evaluate the feasibility and potential benefits of a proposed project.

03

Investors or funding sources who require a detailed business case to assess the viability and return on investment of a project.

04

Government agencies or regulatory bodies that require a business case for project approval or funding allocation.

05

Consultants or analysts who assist organizations in developing and assessing project business cases.

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What is project business case?

The project business case is a justification for undertaking a project, based on its expected benefits, costs, risks, and constraints.

Who is required to file project business case?

Project managers or project sponsors are typically responsible for creating and filing the project business case.

How to fill out project business case?

The project business case should be filled out by providing detailed information on the project's objectives, scope, budget, timeline, risks, and expected benefits.

What is the purpose of project business case?

The purpose of the project business case is to provide a rationale for starting a project and to ensure that resources are allocated efficiently.

What information must be reported on project business case?

The project business case must include details on the project's objectives, scope, budget, timeline, risks, benefits, and stakeholders.

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